286
286
Dec 24, 2012
12/12
by
CNBC
tv
eye 286
favorite 0
quote 0
ralph silva staying with us. up next, less than a day to go before the big day, we take a look at what some of the top toys have been this year. >>> good morning. welcome to "worldwide exchange." i'm karen cho. >> good morning, everybody. i'm louisa bojesen. these are your headlines from around the world. >> with just one week to go before the u.s. economy goes over the fiscal cliff, law marriages are pointing fingers and playing the blame game. >> mario monti is saying he's available to lead italy, but only for a party willing to push his economic agenda. >> but he has competition in the form of sylvia berlusconi, italy's former prime minister tells cnbc he feels a responsibility to run. >> translator: i feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales. but u.s. shoppers, they may be running lower on holiday spirit and analysts are saying that they're spending less, as wel
ralph silva staying with us. up next, less than a day to go before the big day, we take a look at what some of the top toys have been this year. >>> good morning. welcome to "worldwide exchange." i'm karen cho. >> good morning, everybody. i'm louisa bojesen. these are your headlines from around the world. >> with just one week to go before the u.s. economy goes over the fiscal cliff, law marriages are pointing fingers and playing the blame game. >> mario...
253
253
Dec 13, 2012
12/12
by
CNBC
tv
eye 253
favorite 0
quote 0
joining us now is david scoutville. david, first of all, how do you know the 1 billionth tourist is out there today and where might he or she arrive? >> it's impossible to tell where that personal is going to arrive. but we've calculated very precisely today is the day that ta 1 billionth tourist is going to cross an international border. as you said in your introduction, there's auto huge increase since travel started. only four years ago, that figure was 445 million. so that figure is growing quickly. >> one of the questions, though, become what are the tourism hot spots? are we seeing a shift to where people are going, how they're traveling? what is the outlook for 2013, in your view? >> 2012 will finish at a growth about 2.12%. as we go into 2013, it will be about the same sort of growth rate. most of the growth is coming in asia. europe is still by far the biggest inbound and outbound market. most of the future growth is coming out of china. it is a market which is exploding. i think in 2010, they had 58 million pe
joining us now is david scoutville. david, first of all, how do you know the 1 billionth tourist is out there today and where might he or she arrive? >> it's impossible to tell where that personal is going to arrive. but we've calculated very precisely today is the day that ta 1 billionth tourist is going to cross an international border. as you said in your introduction, there's auto huge increase since travel started. only four years ago, that figure was 445 million. so that figure is...
243
243
Dec 20, 2012
12/12
by
CNBC
tv
eye 243
favorite 0
quote 1
we hope it's by watching us here on "worldwide exchange." e-mail us, tweet us. ross westgate will be back tomorrow if the world doesn't end. stick around. to south korea, the incoming president says she wants warmer ties, but it has to be on her terms. plenty more when we come back. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express [ maby december 22nd break from the holiday stress. for christmas delivery. >>> south korea's president elect park geun-hye wants it known that she's not willing to make concessions with the north. she says she wants to pursue further relations. only if the north abandon its nuclear program. why should they take her seriously? sherry kang explains. >>> scenes of victory and celebration after park geun-hye won the presidential elections. >> this election is your victory. this is a victory brought by the people's hope for overcoming crisis and economic recovery. >> the daughter
we hope it's by watching us here on "worldwide exchange." e-mail us, tweet us. ross westgate will be back tomorrow if the world doesn't end. stick around. to south korea, the incoming president says she wants warmer ties, but it has to be on her terms. plenty more when we come back. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex...
323
323
Dec 26, 2012
12/12
by
CNBC
tv
eye 323
favorite 0
quote 0
can you tell us what's driving that change? >> yeah. i think you have to continue to be cautiously optimistic for the emerging markets because obviously there's a growth story there. there's a lot of growth that investors want to capture. there's still a lot of outstanding risk. we saw a lot of that risk play out this year both on the government side, the reform side, as well as currencies. so i think there's definitely a handful of risks. and you have to kind of -- the play for emerging markets is change. i think when you used to invest as efts, you have to look at the markets differently. i think you have to be more careful. >> all right. let's focus on india. i know you just got back from a long trip where you were evaluating the investment landscape in india. obviously we've seen a lot of foreign investors allocate capital into this market. we are looking at the rupee depreciating significantly over the last year. the company dealing with other problems including lack of infrastructure, some policy changes. what is your recent -- i
can you tell us what's driving that change? >> yeah. i think you have to continue to be cautiously optimistic for the emerging markets because obviously there's a growth story there. there's a lot of growth that investors want to capture. there's still a lot of outstanding risk. we saw a lot of that risk play out this year both on the government side, the reform side, as well as currencies. so i think there's definitely a handful of risks. and you have to kind of -- the play for emerging...
182
182
Dec 31, 2012
12/12
by
CNBC
tv
eye 182
favorite 0
quote 0
stay with us. coming after the break, we want to talk specifically about municipal debt which has been one of the areas that perhaps has been under cover but has seen an impact as the fiscal cliff approaches. congress may be able to avoid the starry cliff. they're set to temporarily extend the u.s. farm bill. the move would keep a long dormant milk subsidy from coming back to life when the current bill expires today. under a new law, the milk could be forced at prices well above what farmers are getting now if that subsidy was pushed aside. let's get a look at what's on the agenda this week in the u.s. there is no data out today and markets will put in a full trading session on wednesday. thursday is the adp employment report and weekly jobless claims. friday brings the december payroll numbers. we also get ism services and factory orders. plenty of data there. it will be quite a busy week. from all of us here at "worldwide exchange," happy early new year. on that note, we want to know if you made
stay with us. coming after the break, we want to talk specifically about municipal debt which has been one of the areas that perhaps has been under cover but has seen an impact as the fiscal cliff approaches. congress may be able to avoid the starry cliff. they're set to temporarily extend the u.s. farm bill. the move would keep a long dormant milk subsidy from coming back to life when the current bill expires today. under a new law, the milk could be forced at prices well above what farmers...
193
193
Dec 18, 2012
12/12
by
CNBC
tv
eye 193
favorite 0
quote 0
e-mail us your thoughts or tweet us. and moving forward, i think we have just mentioned what you can do with the e-mails. and now we want to take a look at the markets. the ftse 100 adding .3%. double that for the xetra dax. the cac 40 up by about .25% and the ibex is snapping up this morning. it's up about 1%. the bond will reflect this risk on attitude. we're seeing spain and italy yields falling 5.4% or just under that level in spain. gilt in particular, if you look at the 1.92% level, this on the back of the inflation report which showed cpi up 2.7% year on year. forex, the euro/dollar was stronger earlier. we're seeing just a little bit to the up side. not too far off the 1.32 mark which is extraordinary. the sterling moving to a multi month high. 1.62. it's just over that level this morning, up .1%. >>> now, spain will keep a quick look -- take a quick look at the results from italy in this debt auction. we've got basically an offering of short-term bills, three month and six-month bills. the yields on that are sti
e-mail us your thoughts or tweet us. and moving forward, i think we have just mentioned what you can do with the e-mails. and now we want to take a look at the markets. the ftse 100 adding .3%. double that for the xetra dax. the cac 40 up by about .25% and the ibex is snapping up this morning. it's up about 1%. the bond will reflect this risk on attitude. we're seeing spain and italy yields falling 5.4% or just under that level in spain. gilt in particular, if you look at the 1.92% level, this...
256
256
Dec 27, 2012
12/12
by
CNBC
tv
eye 256
favorite 0
quote 0
for us, it's innovation. at a time when the squeeze are on, innovation is sometimes on the back burner because price becomes the most important thing. maybe i don't get the best product available in the market but i get a product that does the job and it's cheaper. if it's becoming a little more tense, that may be in one or two markets the dominating factor. i have to deal with that. so for us it means more agile, faster reaction, reducing costs and dealing with the balance sheet. >> some businesses are now controlled by asian companies like the pc manufacturing. do you think it's the fate of the telecom equipmentmaker? >> i don't agree with that for the first reason that a lot of this is transforming. you picked up the phone to talk. today, you pick up a tablet to do many different things. you get a mixture of the telecom world. so that environment is so inf x influxed, there are so many different forces coming through to the forefront that you need not just to have your technology side, you need to have you
for us, it's innovation. at a time when the squeeze are on, innovation is sometimes on the back burner because price becomes the most important thing. maybe i don't get the best product available in the market but i get a product that does the job and it's cheaper. if it's becoming a little more tense, that may be in one or two markets the dominating factor. i have to deal with that. so for us it means more agile, faster reaction, reducing costs and dealing with the balance sheet. >> some...
323
323
Dec 6, 2012
12/12
by
CNBC
tv
eye 323
favorite 0
quote 1
joining us is u.s. leader of m&a practice at pricewaterhouse which is forecasting sustaineded activity. what impact is the fiscal cliff having? >> it's impacting the level of activity in the final quarter of 2012. we are seeing acceleration. if we look at volume and values of deals in october and november, we popped up 10%, 15% above the average after the previous nine months. so i think if you were contemplating the deal between september of this year and march of next, the likelihood is you'll try to pull it forward to try to take advantage of the capital gains tax certainlily. >> so if you're rushing through this year, there will be a lull in the first quarter. >> yeah. i agree. i think we will potentially see a lull in the first quarter. but on the assumption that we do get past the fiscal cliff with successful resolution, which i think we're all optimistic we will, i think fundamentals are strong. we have corporate balance sheets still strong. we have private equity with a lot of available cash. an
joining us is u.s. leader of m&a practice at pricewaterhouse which is forecasting sustaineded activity. what impact is the fiscal cliff having? >> it's impacting the level of activity in the final quarter of 2012. we are seeing acceleration. if we look at volume and values of deals in october and november, we popped up 10%, 15% above the average after the previous nine months. so i think if you were contemplating the deal between september of this year and march of next, the...
207
207
Dec 28, 2012
12/12
by
CNBC
tv
eye 207
favorite 0
quote 0
still with us, alistair. first of all, it seems like netanyahu has the upper hand in terms of the elections. is there any doubt that he's going to be re-elected? >> there's always a bit of doubt. but he and his part they are, as you put it, the party, the extreme right wing party, they'll probably only get something like 35 seats. and they need 6 is for a majority. so they're still going to have to negotiate with the coalition, probably bring. >> a couple of the orthodox jewish parties. and there's a couple of right centers which together are likely to give them a stable majority. so i think marginal the possibility of netten use hue not being returned to prime minister's office. now, for the last year, i've been saying, including several times on cnbc, that netanyahu would not launch a strike against iran until this election was out of the way. now, i could still be proved wrong, but it's sort of looking like one of my better calls at the moment. and markets seem to have got that message on board. if you thi
still with us, alistair. first of all, it seems like netanyahu has the upper hand in terms of the elections. is there any doubt that he's going to be re-elected? >> there's always a bit of doubt. but he and his part they are, as you put it, the party, the extreme right wing party, they'll probably only get something like 35 seats. and they need 6 is for a majority. so they're still going to have to negotiate with the coalition, probably bring. >> a couple of the orthodox jewish...
175
175
Dec 17, 2012
12/12
by
CNBC
tv
eye 175
favorite 0
quote 0
joining us is the chief economist at diawa capital markets. thanks for joining us. at what sort of pace do you think this leadership might be able to implement their reforms, their switch to domestic demand? will they go at the same pace as the previous administration? >> i would say the pace would be faster. i would say most people are surprised by how fast the new leaders actually took actions. you know, mr. shi and the shenzhen a few weeks ago and he made et very clear that he's going to take the path since 1978. so basically, the new leader is ready for reforms, for changing the growth pattern for china's economy. so i think it's going to be very fast. but on the other hand, the new leaders mentioned about the challenges, the difficulties of these reforms. i think everybody understands what it means. so i think the launch of these reforms, off this economic growth model will be prequick. but in terms of the completion, i think it's going to be quite prolonged, i think. >> yeah. and how much difficulty are they going to have as they change policy dealing with the
joining us is the chief economist at diawa capital markets. thanks for joining us. at what sort of pace do you think this leadership might be able to implement their reforms, their switch to domestic demand? will they go at the same pace as the previous administration? >> i would say the pace would be faster. i would say most people are surprised by how fast the new leaders actually took actions. you know, mr. shi and the shenzhen a few weeks ago and he made et very clear that he's going...
220
220
Dec 12, 2012
12/12
by
CNBC
tv
eye 220
favorite 0
quote 0
joining us, managing director. what do you make of inditex. >> i think with the share price performance you've seen for that, up almost 70%, almost nothing would please the market. the results are a league of its own. 7% like -- remember, the business is still majority in spain, italy, portugal, greece, et cetera. over 50% of sales. there 7% like for like. margins rising. it is a special company. >> taking a big -- are they taking a chunk of market share, as well? >> absolutely. i think it goes back to the strengths of its model. i think more than anyone else they listen to the consumer. this is fast fashion taken to the extreme. there's something new in the stores every two weeks. there's a reason to keep going every two weeks. they get feedback from the store managers quickly on what's working, what's not working. go back to the production people, say we need this more, we need less of this. >> the supply chain must be -- where are they making this stuff? how are they able to get it into the store so quick three
joining us, managing director. what do you make of inditex. >> i think with the share price performance you've seen for that, up almost 70%, almost nothing would please the market. the results are a league of its own. 7% like -- remember, the business is still majority in spain, italy, portugal, greece, et cetera. over 50% of sales. there 7% like for like. margins rising. it is a special company. >> taking a big -- are they taking a chunk of market share, as well? >>...